Preston Hollow Capital, LLC Launched by Former CEO of ORIX USA

  Preston Hollow Capital, LLC Launched by Former CEO of ORIX USA

  New non-bank investment company will pursue diverse investment strategies
   including fixed income, private equity, venture capital and alternative
                                  investing

Business Wire

DALLAS -- January 7, 2014

The launch of Preston Hollow Capital, LLC was announced today by Jim Thompson,
the Founder, President and CEO of the new investment company. Thompson is the
long-time President and CEO of ORIX USA Corporation, a non-bank financial
conglomerate that has approximately $5 billion of assets and more than 1,400
employees. ORIX USA is a wholly owned subsidiary of ORIX Corporation. The ORIX
Corporation is listed on the New York (NYSE:IX and Tokyo (8591) Stock
Exchanges. Mr. Thompson recently announced plans to leave ORIX and launch a
new business.

Preston Hollow Capital is located in Dallas, Texas. Among the firm’s initial
strategies will be fixed income, private equity, venture capital and
alternative investing.

“Today’s global financial markets present an attractive period in which to
launch a non-bank investment platform. With the new restrictive banking
regulations and the acceleration of the economic recovery, the investment
opportunity set is robust,” Thompson said.

“Preston Hollow Capital’s objective will be to produce outstanding
risk-adjusted returns across a broad spectrum of investment strategies,”
Thompson noted.

Thompson continued, “We see attractive opportunities in current financial
markets that are reminiscent of the beginning of the ORIX journey in 1990,
when a colleague and I brought to ORIX the idea of starting a company that
would securitize commercial mortgages (CMBS), which at the time was a novel
concept. Over the intervening 22 years, our nascent effort in the CMBS
business became the company that is today ORIX USA.”

“ORIX Corp. proved to be a good sponsor and partner. Over a 22 year period, we
invested across the spectrum of fixed income credit and acquired a series of
operating businesses, including Houlihan Lokey, RED Capital and Mariner
Investment Group. In 2012, in response to emerging opportunities in life
sciences, we created a division, ORIX Health & Life Sciences to invest that
sector.”

Thompson added, “The principle that I used to guide the ORIX USA investment
strategy is the same that will be employed at Preston Hollow Capital. That
principle emphasized investment activity across a broadly defined opportunity
set and the employment of team-based investment professionals with strong
generalist skill sets.”

“Preston Hollow Capital anticipates 2014 hiring to include more than 25 people
with diverse financial, investment and portfolio management backgrounds,”
Thompson added. “Building a talented team will be as important to the success
of the new platform as it was to building ORIX USA.”

Launching with more than $100 million in committed capital, Preston Hollow
Capital is also considering opportunities to partner with major sponsors,
including institutional investors such as endowments and pension funds, as
well as family offices and sovereign wealth funds.

About Preston Hollow Capital, LLC and Jim Thompson

Preston Hollow Capital, LLC (“PHC”) is a non-bank investment platform launched
in January 2014 by Jim Thompson, the former, long-time President and Chief
Executive Officer of ORIX USA. PHC seeks to produce superior risk-adjusted
returns across a broad spectrum of investment strategies, including fixed
income, private equity, venture capital and alternative investing. Mr.
Thompson serves on the boards of Dallas CASA , the ORIX Foundation, and Angel
Flight South Central. He also, along with his wife Angela, supports
Dallas-area non-profits through the Jim & Angela Thompson Foundation, and STEM
education initiatives through the Blue Sky Educational Foundation.

Contact Preston Hollow Capital

Contact:

C. Pharr & Company for PHC
Cynthia Pharr Lee, 972-931-7576 ext. 352
Cynthia@pharrpr.com,